Vacant Retail
For Sale
Contact for pricing
8390 West 14th Avenue, Lakewood, CO 80214
Existing Lakewood commercial property built in 1974, offering a vacant storefront configuration for a new occupant.
Property Size2,400 SF
Price / SF$270.83
Days on Market88
Property Features for 8390 West 14th Avenue
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Investment Type
Value Add
Building Details
Year Built
1974
Year Renovated
1985
Units
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Mike Neils · License #100103302
Source:
Crexi
Added: Jul 22
Changed: Oct 1
Last Checked: Oct 16 at 8:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant storefront property is located at 8390 West 14th Avenue in Lakewood, Colorado. The commercial building was constructed in 1974 and is classified as a storefront property within the retail category.
The space is positioned within the Denver MSA and is available for a new retail or commercial use. Its existing storefront format provides a defined commercial setting for evaluating occupancy and operational requirements.
The space is positioned within the Denver MSA and is available for a new retail or commercial use. Its existing storefront format provides a defined commercial setting for evaluating occupancy and operational requirements.
Key Highlights
- Vacant storefront property
- Located at 8390 West 14th Avenue, Lakewood, CO 80214
- Constructed in 1974
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,281
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,620
$645.6K
Cap Rate 7%
$461,157
$461.2K
Cap Rate 9%
$358,678
$358.7K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$50.4K $21.00/SF
− Vacancy
−$4.3K −$1.79/SF
EGI
$46.1K $19.22/SF
− OpEx
−$13.8K −$5.76/SF
NOI
$32.3K $13.45/SF
Area
Lakewood, CO
Vacancy
8.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,620
Cap Rate 7%
$461,157
Cap Rate 9%
$358,678
Alternative Uses
Best Use
Retail
$461.2K
$403.5K – $538.0K
NOI $32,281 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$718.8K
$629.0K – $838.7K
NOI $50,319 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 40%
Taco Bell
Dining
10,383 visits/mo
0.3 miles
Arby's
Dining
8,843 visits/mo
0.3 miles
Conoco
Shops & Services
5,615 visits/mo
0.4 miles
7-Eleven
Shops & Services
4,458 visits/mo
0.4 miles
Midas
Shops & Services
1,655 visits/mo
0.5 miles
Demographics for 80214, CO
26,493
Population
13,298
Households
2
Avg Household Size
36
Median Age
39%
College-Educated
89%
High-School Grad
4.7 sq mi
ZIP Area
5,637
Density / Sq Mi
$74,259
Median Household Income
$48,094
Median Earnings
$1,516
Median Rent
$519,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Existing Lakewood commercial property built in 1974, offering a vacant storefront configuration for a new occupant.
Where is this storefront property located?
The property is located at 8390 West 14th Avenue Lakewood, CO.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Vacant storefront property; Located at 8390 West 14th Avenue, Lakewood, CO 80214; Constructed in 1974
